24326 NE Redmond Fall City Rd | Redmond, WA 98053
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24326 NE Redmond Fall City Rd
Redmond, WA 98053
STNL Medical Office | National Credit Tenant · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 24326 NE Redmond Fall City Road is an income-producing medical office occupied by a national credit tenant on a long-term NNN lease.
- Current rental rates include annual increases of 2.5%, solidifying this as a strong source of passive income.
- National spending on pet segments have increased over 300% since 2010, currently over $136 billion annually.
- Surrounding suburbs include Union Hill, Ames Lake, and Sammamish, providing a customer base of over 112,000 residents within five miles.
- This location has been an animal hospital since 1984, making it a fixture of the region with strong brand recognition.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Building Size
1,850 SF
Building Class
C
Year Built/Renovated
1980/2016
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,850 SF
Building FAR
0.02
Lot Size
1.79 AC
Zoning
RA-2.5
ZONING
| Zoning Code | RA-2.5 |
| RA-2.5 |
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